Goldman Sachs Group Given a $206.00 Price Target at Susquehanna (GS)
Stock analysts at Susquehanna set a $206.00 price target on shares of Goldman Sachs Group (NYSE:GS) stock in a report issued on Monday, AnalystRatings.NET reports. Susquehanna’s price objective would indicate a potential upside of 15.63% from the company’s current price.
Shares of Goldman Sachs Group (NYSE:GS) traded up 0.66% during mid-day trading on Monday, hitting $179.33. 406,244 shares of the company’s stock traded hands. Goldman Sachs Group has a 52 week low of $132.70 and a 52 week high of $178.85. The stock has a 50-day moving average of $170.6 and a 200-day moving average of $162.6. The company has a market cap of $82.223 billion and a P/E ratio of 10.79.
Goldman Sachs Group (NYSE:GS) last released its earnings data on Thursday, October 17th. The company reported $2.88 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $2.88. The company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $7.36 billion. During the same quarter in the prior year, the company posted $2.85 earnings per share. The company’s quarterly revenue was down 19.5% on a year-over-year basis. Analysts expect that Goldman Sachs Group will post $15.08 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on GS. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Goldman Sachs Group in a research note to investors on Thursday. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Goldman Sachs Group in a research note to investors on Wednesday, December 18th. Finally, analysts at Credit Suisse initiated coverage on shares of Goldman Sachs Group in a research note to investors on Tuesday, December 10th. They set a “neutral” rating and a $167.67 price target on the stock. Seventeen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $165.51.
The Goldman Sachs Group, Inc (NYSE:GS), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.
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